topic Anyone get this error? If Form 8960, 'NetRentalIncomeOrLossAmt' has a non-zero value, then it must be equal to Schedule 1 (Form 1040), 'RentalRealEstateIncomeLossAmt in State tax filing

Anyone get this error? If Form 8960, 'NetRentalIncomeOrLossAmt' has a non-zero value, then it must be equal to Schedule 1 (Form 1040), 'RentalRealEstateIncomeLossAmt

grib79 — Mon, 23 Feb 2026 09:54:30 GMT

return got rejected for this

Re: Anyone get this error? If Form 8960, 'NetRentalIncomeOrLossAmt' has a non-zero value, then it...

JamesG1 — Tue, 31 Jan 2023 15:39:47 GMT

Upon review, instructions to Form 8960 require the inclusion of 1040 Schedule 1, items 3 and 5, in Form 8960 item 4(a). As such, this is not a Turbotax issue.

See instructions to Form 8960, page 6 - https://www.irs.gov/pub/irs-pdf/i8960.pdf.

That said, I reviewed the IRS website for known issues and solution dates. The issues is known by the IRS and there is a resolution date of 2/5/2023. Once fixed by the IRS, we should all be able to file.

Do you actually have IRS form 8960 included in your tax forms?

@grib79

Re: Anyone get this error? If Form 8960, 'NetRentalIncomeOrLossAmt' has a non-zero value, then it must be equal to Schedule 1 (Form 1040), 'RentalRealEstateIncomeLossAmt

christyvaw4412 — Sun, 05 Feb 2023 17:22:21 GMT

https://www.irs.gov/e-file-providers/known-issues-and-solutions

IRS Issue and noted on the link above - update as of 2/1 was Feb /March timeframe to fix /update the business rules on IRS side to accept returns with this form via E-File .